Common use of Milestone Payments for Clause in Contracts

Milestone Payments for. In further consideration of the license granted by Scynexis under Article 2 of this Agreement, upon [*], Elanco shall make a one-time payment in the sum of (i) [*] for a Product that contains an Active Ingredient which is [*], within [*] of attainment of such milestone; or (ii) [*] for any Product contains an Active Ingredient which is [*], within [*] of attainment of such milestone. For the sake of clarity, the milestone payment listed above is payable only once per Elanco Compound.

Milestone Payments for. In further consideration of the license granted by Scynexis under Article 2 of this Agreement, upon [*], Elanco shall make a one-time payment in the sum of (i) [*] for a Product that contains an Active Ingredient which is each [*] Elanco Compound [*], within [*] of attainment of such milestone; or (ii) [*] for any Product contains an Active Ingredient which is each [*] Elanco Compound [*], within [*] of attainment of such milestonemilestone (“Development Milestone”). For the sake of clarity, the milestone payment listed above is payable only once per Elanco Compound.